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A Fast and Simple way to Update Your Business
You open your computer, the flashing button says, “We have a new update for your software program. Do you wish to update now or later?” You choose the Update Now button and immediately your computer begins to download a new version of the...
Business Opportunity Seeker Excommutercated
Are you tired of commuting to work, racing the clock to get there on time, dressing in work clothes everyday, and feel like your whole life is just stuck in traffic. If you do, use these proven 12 free tools, to start your business opportunity...
Herb Filled Pillows Make Over a Million Dollars
Lauren Rosenstadt was a single mom working at a herb company in Bethesda, Maryland. A herb (pronounced "erb") is a plant that has medicinal, savory, or aromic qualities. One day while at lunch with a friend whose daughter suffered from insomnia,...
How to Evaluate an Affiliate Program
There are thousands of affiliate programs offering wide range of benefits to their affiliates. However, many of these programs and the claims they make are not to be trusted. Good affiliate programs provide tremendous earning opportunities, but they...
No Cash for a One Horse Race
No Cash for a One Horse Race - a real life business venture story © 2005 by Harry S Richards The kind of calls I get from the Helpline Service I have operated for the past ten years would leave many speechless. Just last week I received a call...
 
Use The Probability Factor To Start Your Small Business Home Business

How do you find a business that is right for you and has a great probability of success? There are two steps that you should take.

1. Pick something that interests you. Better yet, pick something that you are passionate about. If you are not interested or you don't like it, the work rapidly becomes drudgery and you will likely quit after having invested a lot time and money.

2. Find out if there is a market for you business. This is important because if there isn't a market, you could spend months developing your product and if only a couple of people care about it, and no one else is interested, you just wasted a lot of time, money, and potential income.

How do you find out if there is a market for what you want to do?

3. Do a search on Overture http://inventory.overture.com/d/searchinventory/suggestion/ and enter one or more words that describe your business. The suggestion tool tells you how many people have searched for your term in the past month. Multiply that number by five to figure the approximate number of searches in the past year. This will tell you how many people are searching for your product or services.

4. Look at the top 20 returns for your product on the search engines (Google, Yahoo, and MSN) to see what competition you have. Review your competitors' sites to see what they are


doing well and to see what they are doing poorly. You may be able to see at what price they are selling a product or service similar to yours.

5. Look at the ads presented by the search engines. They are usually located above the search results and to the right of the search results. If there are a lot of ads for your search terms, then there is probably a market for your product or service.

6. If you have found that there is a lot of activity, go to h ttp://uv.bidtool.overture.com/d/USm/search/tools/bidtool/ and enter your search terms to see how much people are paying Yahoo to advertise your keywords using Pay Per Click. To use PPC you bid for placement on the Yahoo search engine pages. The higher you bid, the higher your placement. If your competitors are bidding $1.50 or more it is a good indicator that there is a real market.

If there is little activity, then you probably won't do well and should look for something else or reframe your product or service.

If there appears to be a lot of activity for your product or service, then go for it!

About the author:

Start your Internet Business/Home Business the right way and save $3000, $4000 or more. Get a FREE no nonsense 6 part mini-course here: http://daily-results.com/start-a-home-business.html VISIT our site: http://www.daily-results.com

 

United States Small Business Administration
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Business & Small Business
Online and print small business publication. Information to help start, grow or manage a small business.
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Microsoft Small Business Center
Your home for information about Microsoft's small-business products and services, tailored business advice, technology tools, and more.
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Advice and assistance for starting and operating a small or home based business.
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SCORE "Counselors to America's Small Business"
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Small Business and Self-Employed One-Stop Resource
IR-2006-2, January 3, 2006 - Temporary and proposed regulations will significantly reduce tax filing burden for nearly 950000 small business owners. ...
www.irs.gov
 
Welcome to Small Business BC your business resource in British ...
BC Business Services offers assistance and resources for those running or starting a business in British Columbia and Vancouver.
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Provides information and advice to help small businesses realise their potential.
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NSW Small Business
A site developed by the NSW Department of State and Regional Development for small businesses. Topics include management, resources, current issues and ...
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Business Management & Advice: Small Business Resources & Information
Looking for business management and advice? Our website includes small business resources and information that can help you. Visit the small business ...
www.businessweek.com
 
Small Business Lawyer, Attorney, Law, Legal Help - FindLaw for ...
Information and legal sites relevant to small business.
smallbusiness.findlaw.com
 
Small Business Funding Opportunities (SBIR and STTR)
Links to Small Business Funding Opportunities and SBIR / STTR Applications.
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Microsoft bCentral Small Business Directory
Directory categorized by industry with company business card feature.
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